Petix & Botte Co Lowers Stake in First Trust Low Duration Opportunities ETF $LMBS

Petix & Botte Co lessened its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 5.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 260,771 shares of the company’s stock after selling 16,442 shares during the period. First Trust Low Duration Opportunities ETF accounts for 3.0% of Petix & Botte Co’s investment portfolio, making the stock its 9th largest position. Petix & Botte Co owned about 0.23% of First Trust Low Duration Opportunities ETF worth $12,984,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Insight Inv LLC raised its position in shares of First Trust Low Duration Opportunities ETF by 48.1% in the third quarter. Insight Inv LLC now owns 38,167 shares of the company’s stock valued at $1,900,000 after purchasing an additional 12,397 shares during the period. CoreCap Advisors LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 16.6% during the 3rd quarter. CoreCap Advisors LLC now owns 99,346 shares of the company’s stock valued at $4,946,000 after buying an additional 14,151 shares in the last quarter. Cerity Partners LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 6.1% in the 3rd quarter. Cerity Partners LLC now owns 431,911 shares of the company’s stock worth $21,505,000 after buying an additional 24,782 shares during the period. Csenge Advisory Group boosted its holdings in First Trust Low Duration Opportunities ETF by 4.3% in the 3rd quarter. Csenge Advisory Group now owns 768,104 shares of the company’s stock worth $38,244,000 after buying an additional 31,611 shares during the period. Finally, Centennial Wealth Advisory LLC boosted its holdings in First Trust Low Duration Opportunities ETF by 53.1% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 126,788 shares of the company’s stock worth $6,313,000 after buying an additional 43,952 shares during the period.

First Trust Low Duration Opportunities ETF Trading Up 0.1%

First Trust Low Duration Opportunities ETF stock opened at $50.16 on Wednesday. The firm has a 50 day simple moving average of $50.21 and a 200 day simple moving average of $50.04. First Trust Low Duration Opportunities ETF has a 1-year low of $48.37 and a 1-year high of $51.98.

First Trust Low Duration Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were issued a $0.17 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, February 20th.

First Trust Low Duration Opportunities ETF Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.